Why is Mangalam Industr falling/rising?

As of 18-Nov, Mangalam Industrial Finance Ltd is experiencing a decline in its stock price, currently at Rs. 1.46, which represents a decrease of 0.04 or 2.67%. The stock has hit a new 52-week low of Rs. 1.45 today and has been on a consecutive downward trend for the last four days, resulting in a total return of -6.41% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume falling by 30.69% compared to the 5-day average, contributing to the stock's underperformance against its sector by 1.89%. In the broader market context, the stock's performance has been notably poor compared to the benchmark Sensex, which has gained 0.96% over the past week while Mangalam Industrial has lost 6.41%. Year-to-date, the stock has plummeted by 60.43%, contrasting sharply with the Sensex's increase of 8.36%. This significant underperformance over various time frames, including a 68.44% decline over three years, highlights the challenges faced by Mangalam Industrial in attracting investor confidence amidst a generally positive market environment.